Contractual Party definition

Contractual Party. (i) A Clearing Member (General Clearing Member, Direct Clearing Member or FCM Clearing Member), (ii) a Basic Clearing Member, (iii) a DC Market Participant, Indirect Client Market Participant or a DC With System Access, (iv) a holder of a Specific Lender License and an Agent Lender pursuant to Chapter IX of the Clearing Conditions,
Contractual Party means a Multi-Member-Frontend System Provider.
Contractual Party means the Customer or the Supplier.

Examples of Contractual Party in a sentence

  • This Contract has been made in two copies, each having the force of original copy, by one for each Contractual Party.

  • Eurex Clearing may, at any time, prohibit connection from a Location due to substantial reasons; this shall apply in particular if such connection cannot be permitted due to regulatory reasons concerning the Contractual Party or Eurex Clearing.

  • Eurex Clearing shall confirm receipt of such request to the Contractual Party.

  • The Contractual Party shall, prior to connecting its Participant Systems to the Clearing EDP from an intended Location, be obligated to place a request with Eurex Clearing regarding the admission of such intended Locations, providing Eurex Clearing with all relevant contact data.

  • Eurex Clearing shall be entitled, after a previous notification by the Contractual Party, to assign the installation and operation of a Participant System or of parts thereof in the offices of the Contractual Party to a third party as long as the application of and adherence to the regulations of the Connection Agreement, in particular by the third party, is guaranteed.

  • The Contractual Party shall be obligated to install all Participant Systems in its Locations and to connect them with the Clearing EDP.

  • The Contractual Party shall be obligated to ensure by means of an appropriate agreement with the third party that such third party entitles Eurex Clearing to verify at any time whether the conditions for the installation and operation of a Participant System are met.

  • In this case, the Contractual Party shall be obligated to communicate with the Clearing EDP exclusively by means of the assigned Configuration Parameter.

  • In case Eurex Clearing intends to carry out such assignment, the Contractual Party shall be informed in advance with prior notification of six weeks.

  • In the case of problems with the Clearing EDP, the Contractual Party shall be obligated to inform Eurex Clearing immediately as soon as the Contractual Party becomes aware of the problems and to act according to the orders of Eurex Clearing, as far as they are necessary in order to dissolve the problems.


More Definitions of Contractual Party

Contractual Party and together the “Contractual Parties”: (i) A Clearing Member (General Clearing Member, Direct Clearing Member or FCM Clearing Member), (iii) a DC Market Participant, Indirect Client Market Participant, DC With System Access or an Authorised Manager With System Access, (iv) an ISA Direct Light License Holder pursuant to Chapter IV of the Clearing Conditions, (v) a Multi Member Service Provider and (vi) any other party, in particular a settlement institution, for which Eurex Clearing provides a technical connection to Clearing EDP according to the Connection Agreement and, in each case, which has signed the Connection Agreement or any other agreement with Eurex Clearing AG which incorporates the GTC to the Connection Agreement. For the avoidance of doubt, a Basic DC is not obliged to sign the Connection Agreement, even if the Basic DC envisages to receive reports issued by Eurex Clearing.
Contractual Party means either PS or the Supplier severally, and “Contractual Parties” means PS and the Supplier jointly.
Contractual Party means a Multi-Member- System Provider.
Contractual Party means a party to the Mutual Supply Framework Agreementcontrolling shareholder” has the meaning given to it under the Listing Rules “Director(s)” director(s) of the Company
Contractual Party means any of the Parties, SI, MI and the Purchasers' Guarantor;